Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
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Post by Dave on Feb 24, 2023 2:00:51 GMT -8
Good morning, it’s Friday. Today’s pre-market is red at -0.70% at this moment.
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
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Post by Dave on Feb 24, 2023 2:18:01 GMT -8
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Post by archibaldtuttle on Feb 24, 2023 6:13:11 GMT -8
Hot inflation numbers today. Look out below.
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
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Post by Dave on Feb 24, 2023 6:17:46 GMT -8
This song is starting to get old. Pre-market is now down by 1.5%.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,438
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Post by chinacat on Feb 24, 2023 9:07:24 GMT -8
CNBC has Apple analyst Kuo says low-end VR headset to launch in 2025. Sometimes I feel like I’m the only one not excited by AR/VR. Of the two, the concept of AR seems to me the more helpful/important, capable of enhancing the approach to certain tasks. With movies, TV, and computer screens already capable of providing interactions with fantasy worlds, passive as they may be, something capable of acting as a tool to augment the capabilities involved in successfully completing challenging tasks feels like a larger advancement. But perhaps the failure is only of my imagination. Macworld has Five iPhone 15 features that could bring a serious battery life boost. As I have mentioned, since I retired I am out of the house less of the time, and the iMac and iPad get far more use than my iPhone. But a battery life boost is never a bad thing.
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Post by duckpins on Feb 24, 2023 12:37:43 GMT -8
Ugly chart on the QQQ. Island gap down. RSI not oversold. Going down towards 100 day MA> Maybe more downside and then some up movement to fill the gaps. Some good news would help. Apple charts showing moving averages are starting to meet. That would be in the 140's which were first visited in 2021. Long time go no place.
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Post by bud777 on Feb 24, 2023 13:31:06 GMT -8
I'm not sure that I see the use case for AR/VR either. I mean look at the reception Google Gasses received. On the other hand, remember when people we running through your yard looking for those Pokemon creatures? I went to my first Pro football game in October and I admit, I missed the yellow first down line. Maybe other information, like pass routes and other animations could be displayed in AR.
Another factor comes to mind. Years ago, before the rise of flat-screen displays, I worked at Tektronix, They developed a CRT based 25' monitor that took up almost your entire desktop. People loved the size of the screen when using multiple Windows, but it was clear that another solution needed to be found. Before Flat screens filled the void, there was a company called MicroVision that made glasses that could project the screen directly onto the retina. I think the stock was at about $4 a share when I bought it. Soon after that, someone, I think it was IBM, ran a commercial of a guy sitting on a bench in San Marco Square in Venice, working on his laptop wearing MicrVision glasses. The stock shot up to 80. ( I, of course, rode it up and then all the way back down to 3 as Microvision decided to forgo the commercial market and concentrate on head-up displays for military applications. The point I am trying to make is that there at one time (pre-Google glasses) there was a lot of enthusiasm for this kind of display. I am sure that Apple knows what they are doing with AR.
While I am thinking about future technologies, I wanted to comment on chatGPT and Siri. Certainly, some of the language analysis in chatGPT will benefit new versions of Siri, so I thought I should try it out. After a few simple inquiries, I asked it to write a scientific paper on a topic. It generated an ambiguous paper, mostly fluff that referred to a literature review. I then asked it for specific articles. It cheerfully responded with 3, only one of which seemed relevant. I tried to find the article and it doesn't exist. I went back to Chat GPT and asked "Did you just make up a nonexistent article to support the paper? It responded with "I'm just an AI bot and sometimes I made mistakes, I'm sorry, but here is an article that will help". The second article had promise until I tried to find it. I returned to the BullshitBot and said, "well, that one doesn't exist either" It crawled away like a dog shitting seeds and has not returned.
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Post by Luckychoices on Feb 24, 2023 14:48:16 GMT -8
In the Feb 13, 2023 post I made in "Sometimes it helps to have all your eggs in one basket", a thread I started back in 2015, in the Apple Fundamentals section of AFB, I posted a couple of tables showing: 1. The most recovered of 6 stocks in 2023 - Showing the % gain in share price when compared to the share price on 01/03/22 2. The fastest % gain of the share price of those same 6 stocks, so far in 2023. Of the 6 stocks, AAPL lost the least in 2022, declining -28.6% and TSLA lost the most, declining -69.2%. My intention was to take a look at how other Tech Stocks have behaved over the last year or so compared to AAPL. We've all seen periods like this where most similar stocks are all rising or failing along with most of the market...but when AAPL has pulled back so far since 01/03/22, it's easy to forget it may be the economy and market circumstances, not necessary the stock. I liked the overview that I could get from the tables but decided it was ridiculous to keep updating them whenever I wanted to see an update...so I switched to a W/E table which could generate a chart showing what I wanted to see. I included a trend line for each stock to help visualize when they may recover to the share price they each had 14 months ago, on 01/03/22. This is the chart for last week, W/E 02/17/23 This is the chart for this week, W/E 02/24/23 Seeing that AAPL is already only 20% from its ATH, 20% higher than the next of the 6 stocks(81% versus 61%) helps me keep things in perspective when we have weeks like we just had...I'm a patient person when it comes to AAPL. 😎
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4aapl
Moderator
Posts: 3,867
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Post by 4aapl on Feb 24, 2023 16:24:39 GMT -8
Seeing that AAPL is already only 20% from its ATH, 20% higher than the next of the 6 stocks(81% versus 61%) helps me keep things in perspective when we have weeks like we just had...I'm a patient person when it comes to AAPL. 😎 That's (EDIT: "also"....it's often good to have multiple people or sources pointing out a similar thing) what the article Dave linked this morning said. From above: Good stuff to remember. If it was easy, or a given, everyone would be doing it. But odds are....
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